Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Hits New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) reached a new 52-week high during trading on Thursday . The company traded as high as $43.22 and last traded at $43.22, with a volume of 9984 shares. The stock had previously closed at $43.09.

Innovator U.S. Equity Power Buffer ETF – February Trading Up 0.3%

The company’s 50 day moving average is $42.78 and its 200 day moving average is $41.57. The company has a market cap of $1.01 billion, a PE ratio of 24.08 and a beta of 0.42.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – February

A number of institutional investors have recently modified their holdings of the stock. Brookstone Capital Management boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – February by 479.8% in the first quarter. Brookstone Capital Management now owns 902,110 shares of the company’s stock valued at $36,175,000 after purchasing an additional 746,522 shares during the period. Focus Partners Wealth increased its holdings in Innovator U.S. Equity Power Buffer ETF – February by 673.3% during the 4th quarter. Focus Partners Wealth now owns 382,285 shares of the company’s stock worth $15,566,000 after purchasing an additional 332,851 shares during the period. Kestra Advisory Services LLC raised its position in Innovator U.S. Equity Power Buffer ETF – February by 11.3% during the 1st quarter. Kestra Advisory Services LLC now owns 334,764 shares of the company’s stock valued at $13,424,000 after purchasing an additional 34,047 shares in the last quarter. Cetera Investment Advisers raised its position in Innovator U.S. Equity Power Buffer ETF – February by 35.7% during the 1st quarter. Cetera Investment Advisers now owns 275,252 shares of the company’s stock valued at $11,038,000 after purchasing an additional 72,434 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – February by 6.6% in the fourth quarter. LPL Financial LLC now owns 266,535 shares of the company’s stock worth $10,853,000 after acquiring an additional 16,387 shares during the period.

Innovator U.S. Equity Power Buffer ETF – February Company Profile

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. PFEB was launched on Feb 3, 2020 and is managed by Innovator.